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⋅ Update on: Crypto / Bitcoin vs. Wallstreet / S&P500 ...
Traditional markets with higher highs on 4h chart...
...but bearish divergence with RSI .
Bitcoin and Ethereum with lower lows on 4h chart...
...but bullish divergence with RSI
Crypto are doing better in the moment.
Since the RSI of traditional markets is oversold a bounce with good vibes for Crypto is possible.
What do you think? 😎
Drop me a nice comment if you'd like me to analyze any other cryptocurrency or do another comparison.
*not financial advice
do your own research before investing